Mathematics, 08.04.2020 21:54 lportis4898

Suppose you have $10,000 to invest. Which investment yields the greater return over 7 years: 6.6% compounded monthly or 6.7% compounded quarterly?
A) Both investment plans yield the same return.
B) $10,000 invested at 6.6% compounded monthly over 7 years yields the greater return.
C) $10,000 invested at 6.7% compounded quarterly over 7 years yields the greater return.

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